Mumbai: Underworld don Dawood Ibrahim's one of the many Mumbai properties, restaurant Delhi Zaika, will be auctioned on December 9.
The starting bid for the property, measuring 45.16 sq metres in Pakmodia Street, Bhendi Bazaar will be 1 crore 18 lakh and December 8 is the last date for sending application.
Senior journalist S Balakrishnan will also bid for the property which is to be hosted at Hotel Diplomat.
The hotel, once named Hotel Rounaq Afroz was seized by the CBI after the 1993 Mumbai serial bombings. The starting bid will be 1 crore 18 lakh and December 8 is the last date for sending application.
Not any big name has come out to buy the property as of now.
The property will be auctioned by the competent authority and administrator under the Smuggling and Foreign Exchange Manipulators Act of 1976 and the Narcotic Drugs and Psychotropic Substances (Prevention) Act.
This is not the first property associated with D-Company to be auctioned. Income Tax authorities have earlier put 11 properties on auction four times since the 1993 bombings but with little success.
